Anysphere raises Series A at $400M valuation
Cursor-maker Anysphere raises a $60M+ Series A led by a16z and Thrive Capital, ten months after its seed round.
- Money & business
- Minor
Anysphere, the two-year-old startup behind the AI coding editor Cursor, raised a $60 million Series A led by Andreessen Horowitz and Thrive Capital, valuing the company at $400 million, according to people familiar with the round cited by TechCrunch. Stripe co-founder Patrick Collison also participated.
The round came roughly ten months after a $11 million seed led by the OpenAI Startup Fund, with former GitHub chief executive Nat Friedman and Dropbox co-founder Arash Ferdowsi also investing — pedigree that placed Cursor squarely inside the AI-coding wave OpenAI itself was helping fund. Cursor is built as a fork of Visual Studio Code with AI features layered throughout the editor, competing directly with GitHub’s own Copilot. Neither Anysphere nor its investors disclosed revenue or user numbers at the time, though reporting described usage as growing quickly.
The company, founded by MIT students Michael Truell, Sualeh Asif, Arvid Lunnemark and Aman Sanger, was one of several AI-coding tools — alongside Replit, Cognition and GitHub Copilot itself — competing for developer adoption through 2024 as “vibe coding” and AI pair-programming moved from novelty to a genuine software-industry battleground. The valuation jump from seed to Series A in under a year was itself a marker of how fast investor interest in applied coding models was moving, ahead of far larger rounds Anysphere raised in the following two years.